ChainCatcher news, the Ethereum Foundation releases the Q3 2024 funding project update report. The report shows that the total funding amount for the third quarter reached $12.8488 million, covering various fields including community education, consensus layer, cryptography and zero-knowledge proofs, developer experience and tools, execution layer, and Layer 2. Among them, community education projects accounted for the largest share, including the EEA Industry Day conference held in Bangkok, Thailand, the ETH Pura Vida conference and hackathon held in San Jose, Costa Rica, and other events.
In the technology sector, the foundation continues to support the development of consensus layer clients such as Lighthouse, Nimbus, and Grandine, as well as the upgrade and maintenance of development tools like Web3.js and OpenZeppelin account abstraction contracts. Additionally, the report indicates that the foundation has provided funding for several research projects related to zero-knowledge proofs.
